Inflation indicators flash warning signals
15 December 2023
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In the Media
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Julian Jessop quoted in The i
IEA Economics Fellow Julian Jessop has been quoted in The i, responding to the Bank of England’s decision to maintain the base interest rate high.
Julian said:
“There is a clear risk that the Bank will keep rates higher for longer than is either necessary or desirable.
“Almost every leading indicator of inflation is pointing firmly downwards, including money and credit, producer prices, and global energy costs.”
Read the full article here.
Julian’s comments have also been quoted in This is Money, Mahalsa and North East Post.
Julian said:
“There is a clear risk that the Bank will keep rates higher for longer than is either necessary or desirable.
“Almost every leading indicator of inflation is pointing firmly downwards, including money and credit, producer prices, and global energy costs.”
Read the full article here.
Julian’s comments have also been quoted in This is Money, Mahalsa and North East Post.
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